Waldo State Bank provides competitive interest rate for their certificate of deposit. This money in the bank has the following current interest rates:

• 6 months         1.00% APY
• 9 months         1.26% APY
• 12 months        1.41% APY
• 18 months        1.51% APY
• 24 months        1.61% APY
• 30 months        1.76% APY
• 36 months        2.01% APY
• 48 months        2.26% APY
• 60 months        2.52% APY

You need to deposit a minimum of $1,000 to open an account. You also need to maintain this balance in order for you to enjoy this top CD rates. If you decide to withdraw some funds before the maturity date, the following penalties will be applied: For 3 months to 1 year term the penalty is equivalent to 3 months of interest. For more than 1 year term the penalty will be equivalent to 6 months worth of interest.

This highest CD rates automatically renews as soon as it matures. You are given 10 days grace period to decide if you want to pull out your account without a penalty. The bank also offers free online banking, so you can start managing your account anytime at your own convenience. Take note that once account is opened the interest rate may change, so be sure to contact the bank and get the latest CD rates.

For inquiries with regards to certificate of deposit or current interest rates, you may contact the bank thru 920-528-8385. You can also visit the bank at 119 N Depot St., Waldo, Wisconsin 53093.

Waldo State Bank has been providing its service since 1913. Currently, the bank has grown to be one of the largest bank in Wisconsin with over $49 million in declared assets. They are also insured by the Federal Deposit Insurance Corporation with certificate number 8700.